MULPHA INTERNATIONAL BHD

KLSE (MYR): MULPHA (3905)

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Last Price

2.48

Today's Change

-0.01 (0.40%)

Day's Change

2.48 - 2.49

Trading Volume

3,700


14 people like this.

3,102 comment(s). Last comment by theyoungman 2 hours ago

steveooikp

4,689 posts

Posted by steveooikp > 2017-06-21 14:49 | Report Abuse

drop today.... hng33 - u shd sell yesterday at 24 to lock your handsome profit....

Orson Chin

2,079 posts

Posted by Orson Chin > 2017-06-23 00:48 | Report Abuse

Hng33. Do u still hold the share after conso..? Do u still believe the mgt won't make the price drop ?

steveooikp

4,689 posts

Posted by steveooikp > 2017-06-23 16:54 | Report Abuse

10 sen / share.... now only 23 sen...

steveooikp

4,689 posts

Posted by steveooikp > 2017-06-24 09:08 | Report Abuse

why the price so fking depress???

TheContrarian

9,497 posts

Posted by TheContrarian > 2017-06-24 11:12 | Report Abuse

I think it's because Mulpha never pays a single sen dividend and will probably not pay any in future even if it makes RM1 EPS.

TheContrarian

9,497 posts

Posted by TheContrarian > 2017-06-24 11:30 | Report Abuse

The share price couldn't even stay above the last rights issue price of 25 sen despite a bull market.

Lewis Lee

1,694 posts

Posted by Lewis Lee > 2017-06-24 21:15 | Report Abuse

After share conso, this conman's counter will sure drop to 1.00 !!
Next year they will plan another rights issue to con your money ? Beware !!

TheContrarian

9,497 posts

Posted by TheContrarian > 2017-06-27 18:20 | Report Abuse

Mulpha bosses under investigation in Australia?

chinaman

3,302 posts

Posted by chinaman > 2017-06-27 18:39 | Report Abuse

Fairfax AU media looks more interested to target non-executive chairman of Aveo, Lee with hidden motive of character assasination then the Aveo's EXECUTIVE CEO, Geoff Grady or the company itself. Fairfax NO mention Geoff as executive CEO at all-whom should be more accountable and defend hard company's image- but only deliberately highlight Lee on negative spot light. The blind also can see why. Aveo is just Mulpha's small 22% interest associate.

Ckk2266

1,210 posts

Posted by Ckk2266 > 2017-06-28 09:12 | Report Abuse

Bought Mulpha @ 2.18

steveooikp

4,689 posts

Posted by steveooikp > 2017-06-28 09:21 | Report Abuse

hng33 --- are u still holding mulpha??

TianTTHuat

629 posts

Posted by TianTTHuat > 2017-06-28 11:15 | Report Abuse

Mulpha, one of the Calvin Tan (from Singapore) stock. Calvin Tan buy call when it was around 40 sens. Today, it is around 2.170 after consolidation.

Do you people think Calvin Tan is our Malaysia Top The List Holland King?

ha ha ha huiii!!! huiii!!! huiii!!!

http://www.thestar.com.my/business/business-news/2017/06/28/tycoon-denies-exploiting-residents/

Ckk2266

1,210 posts

Posted by Ckk2266 > 2017-06-28 11:26 | Report Abuse

Sold Mulpha @ 2.13

steveooikp

4,689 posts

Posted by steveooikp > 2017-06-28 12:55 | Report Abuse

ckk... you bot 2.18 and sold 2.13? where got 2,13? 2.23 is it???

steveooikp

4,689 posts

Posted by steveooikp > 2017-06-28 12:56 | Report Abuse

damn ... mudajaya up.... is mulpha.... down....
must rename to ----> mafia....

Ckk2266

1,210 posts

Posted by Ckk2266 > 2017-06-28 15:19 | Report Abuse

steveooikp : yes sold @ 2.23

steveooikp

4,689 posts

Posted by steveooikp > 2017-06-28 15:27 | Report Abuse

so now the NTA is 9.30!
and the share price is 2.21 ... deeply undervalued!!!!

volks2

1,116 posts

Posted by volks2 > 2017-06-28 15:50 | Report Abuse

fast fast go whack...

ivan9511

3,854 posts

Posted by ivan9511 > 2017-06-28 23:50 | Report Abuse

ckk, why sold?
mulpha good to keep

chinaman

3,302 posts

Posted by chinaman > 2017-06-29 09:12 | Report Abuse

Mulpha actually not so bad with many quality assets in AU. But, somehow his boss's poor public relations cause investors avoid this counter. Look at Tony-Airasia; almost everyday got fantastic news to engage with media. Mulpha must learn from Tony master in public relations to build up his poor image and reputation at public.

Orson Chin

2,079 posts

Posted by Orson Chin > 2017-06-29 17:08 | Report Abuse

Deeply undervalue many many many year edy....
Y all investor don't buy this share sure got reason 1 ......

ivan9511

3,854 posts

Posted by ivan9511 > 2017-06-29 17:49 | Report Abuse

i just wonder actually how much it nta now . why still not yet updated

Orson Chin

2,079 posts

Posted by Orson Chin > 2017-06-29 21:25 | Report Abuse

Don't jump to this shit....

volks2

1,116 posts

Posted by volks2 > 2017-06-30 17:25 | Report Abuse

sad...everyday laosai

AmstrongKL

271 posts

Posted by AmstrongKL > 2017-06-30 18:22 | Report Abuse

Haha.
It is good. I am waiting for it to go back to 24 sen. Might take some time. Maybe end of this year?

ivan9511

3,854 posts

Posted by ivan9511 > 2017-07-01 02:47 | Report Abuse

this con man not adjust nta back to 9 ringgit . mean we kena con by 10 to 1.
wrf this mf boss want to made his share price up to 2.20 with his shit only worth 20 sen.
the stupid director must be laughing at us and making us look like idiot.
how can they approve this stupid act.
the director please go back to work as a security guard. you don't know how to do your job . i find any kid also better than you.
because you have all the good property and assets but you waste all that.
last time mulp share price very high you made it drop till 20sen . now you scare it drop lower than nexgram and tiger counters so you con our share become 10 times smaller then it can drop again .
shit

ivan9511

3,854 posts

Posted by ivan9511 > 2017-07-01 02:49 | Report Abuse

this con man not adjust nta back to 9 ringgit . mean we kena con by 10 to 1.
wrf this mf boss want to made his share price up to 2.20 with his shit only worth 20 sen.
the stupid director must be laughing at us and making us look like idiot.
how can they approve this stupid act.
the director please go back to work as a security guard. you don't know how to do your job . i find any kid also better than you.
because you have all the good property and assets but you waste all that.
last time mulp share price very high you made it drop till 20sen . now you scare it drop lower than nexgram and tiger counters so you con our share become 10 times smaller then it can drop again .
shit

newbie4444

1,264 posts

Posted by newbie4444 > 2017-07-01 04:57 | Report Abuse

Hubline in making? Drop below RM 2 possible?

hng33

20,510 posts

Posted by hng33 > 2017-07-01 08:22 | Report Abuse

Mulpha’s 22.6% stake in Aveo is valued at A$374.43mil (RM1.23bil), higher than its own RM719.14mil market capitalisation on Bursa Malaysia.
Unlike Mulpha, Aveo appears to have a better following too.
Six research houses covering the stock on the Australian Securities Exchange or ASX have “buy” calls, Bloomberg data shows.
On the other hand, market observers say that Mulpha has not attracted much institutional interest mainly due to a lack of analyst coverage and low corporate visibility, coupled with volatile earnings.
Lee, through the family’s privately held vehicles, controls a 44.96% stake in Mulpha – an investment holding company engaged in the property development and investment, hospitality, retirement and healthcare sectors in Malaysia, Singapore, China, Hong Kong and the United Kingdom, besides Australia.
In Malaysia, the company is the developer of the 1,765-acre Leisure Farm in Iskandar Malaysia, Johor.
Meanwhile, in the United Kingdom, it has a strategic investment in the London Marriott Hotel Grosvenor Square, which is located in London’s Mayfair district.
Elsewhere, Mulpha also has a 19.84% stake in power, infrastructure and construction company Mudajaya Group Bhd.
As at March 31, Mulpha’s net tangible assets stood at RM9.60, while its share price was RM2.19 at the close yesterday.

Read more at http://www.thestar.com.my/business/business-news/2017/07/01/mulpha-goes-under-the-spotlight/#k3yLs8uFMXJysf3B.99

chinaman

3,302 posts

Posted by chinaman > 2017-07-01 13:31 | Report Abuse

Since AVEO 77% shareholders motive-co-incident many are Aveo residents-to play politics by kicking out Mulpha; won't it be better off just cash out, reduce debts with some dividend to shareholders which we always lament lack of? so many years holding with nothing in return sure make everyone shun mulpha. Lee said its due to undervalued cause it use share buyback instead of dividend; somehow unappeciated as reward to shareholders. But, shareholders said its due no dividend-no one support it. its an chicken and egg argument.

TheContrarian

9,497 posts

Posted by TheContrarian > 2017-07-01 14:51 | Report Abuse

When was the last time Mulpha ever paid a dividend? I think never before.

Lewis Lee

1,694 posts

Posted by Lewis Lee > 2017-07-01 17:24 | Report Abuse

Do you think this is a conman's company ?
Never reward shareholders with dividends but keep having rights issue to con shareholders ??
Where are all those money gone through out the years ?? channeling off overseas and manipulating with takeover merger etc and went into conman's pocket ??

ivan9511

3,854 posts

Posted by ivan9511 > 2017-07-01 17:32 | Report Abuse

actually we concerned on dividend. what the f they keep asking money from shareholders but not even pay any penny.
is they want follow cap counter . mean later suddenly declared a super loss account than said bye bye to us.
the mupla share last time was very high then lowest 19 sen
people loss until cannot recognised mama liao.
this mulpha should be brother of redchips

chinaman

3,302 posts

Posted by chinaman > 2017-07-02 15:53 | Report Abuse

SYDNEY: US private equity giant TPG Capital Sunday walked away from its offer to buy Fairfax Media, with reports saying the embattled Australian media empire would spin-off its property advertising business instead.

TPG and its partner Canada’s Ontario Teachers’ Pension Plan Board was in a bidding war with US investment firm Hellman & Friedman — former owners of US multimedia company Getty Images and German publisher Axel Springer — over Fairfax.

TPG made an offer in May of Aus$1.20 (92 US cents) a share that valued Fairfax at Aus$2.82-Aus$2.87 billion, while Hellman & Friedman proposed to buy the firm at Aus$1.225-Aus$1.250 a share.

But after a period of due diligence, TPG said it was withdrawing from the sale process.

“The TPG/OTTP consortium has today (Sunday) exited the Fairfax due diligence process and has elected not to proceed with an offer,” a TPG spokesman said in a statement.

“TPG thanks the Board and senior management team of Fairfax for the integrity and focus they have brought to the discussions.”

Hellman & Friedman on Friday sent a letter to Fairfax’s board saying it had not walked away, but did not submit a binding bid, Fairfax publication The Australian Financial Review reported.

Both offers were for the entire firm, which includes mastheads The Sydney Morning Herald, The Age and Financial Review, the lucrative property advertising Domain Group and its events and digital business units.

Without any binding offers, Fairfax was expected to end the buyout process Monday and instead announce plans first flagged in February to spin-off Domain, the Financial Review added.

Fairfax had previously said it wanted to list Domain as a separate entity while retaining up to 70 percent of its shares.

Like its global peers, Fairfax has slashed jobs and costs owing to falling circulation and advertising revenue.

But Domain has fared better, with chief executive Greg Hywood telling a business conference in May that revenues jumped 10 percent in the first 17 weeks of this year.

The group is the main rival in Australia to News Limited, Rupert Murdoch’s Australian empire, which is also suffering from falling revenues.

chinaman

3,302 posts

Posted by chinaman > 2017-07-02 15:57 | Report Abuse

so, now we can figure why Fairfax must sell sensationalised, malicious news to keep floating. its in big trouble actually with no bidder for it. wa kaka. This is karma

hng33

20,510 posts

Posted by hng33 > 2017-07-03 10:12 | Report Abuse

Mulpha associate, Aveo group, traded in Australia exchange have payout attractive dividend.

Mulpha have recently increase further stake in Aveo through open market + Aveo itself also have initiate share buyback to up to 9% of total issue capital

Chat1234

355 posts

Posted by Chat1234 > 2017-07-04 08:48 | Report Abuse

0043

Orson Chin

2,079 posts

Posted by Orson Chin > 2017-07-04 11:18 | Report Abuse

See... Keep drop everyday .... Mgt is asshxxx

taitaumau

277 posts

Posted by taitaumau > 2017-07-04 11:34 | Report Abuse

Just can't help, given the present bearish sentiment

chinaman

3,302 posts

Posted by chinaman > 2017-07-04 16:57 | Report Abuse

Following Lee Eng Leong's appointment as executive director on 3 july, he has relinquished his role as group CFO of MIB

chinaman

3,302 posts

Posted by chinaman > 2017-07-05 09:31 | Report Abuse

very aggressive Lee attack again. This time via HKG listed Sun Hung Kai & Co, buy Ardent Leisure-theme park operator in AU, NZ which is in trouble now....waloe....Lee- why can't show your real power push-up own share first before attack others?? till now, all ikan bilis supporters still suffering under your lousy leadership????

hng33

20,510 posts

Posted by hng33 > 2017-07-05 10:50 | Report Abuse

KUALA LUMPUR: Malaysian tycoon Lee Seng Huang, who was recently in the news for the wrong reasons, is back in the news: This time for buying a 5.3% stake in an Australian company that runs theme parks, including Dreamworld.
Lee, the executive chairman of Malaysian-listed Mulpha International, used his Hong Kong-listed Sun Hung Kai & Co Limited to buy shares in Ardent Leisureh, The Australian reported.

According to the report, Ardent shares leapt by 7.14% to A$2.025 in early morning trade. Investors are speculating that the deep-pocketed Malaysian billionaire could work with other investors to overhaul the theme park owner.
Ardent shares crashed to A$1.91 in late June after the company revealed its earnings would fall below expectations.
Last week a scandal erupted in Australia over a swindling racket allegedly run by Australia’s largest listed retirement village operator, Aveo, in which Lee reportedly holds a 22.6% stake.

The Sydney Morning Herald reported that a joint Fairfax Media-Four Corners investigation had uncovered a “litany of questionable business practices” at Aveo including churning of residents, fee gouging, safety issues and misleading marketing promises “made to some of the country’s most vulnerable people”.

Lee denied that Aveo was exploiting residents at its 89 retirement villages in Australia. He said: “”To take a few complaint cases and blow it out of proportion makes a great story but unfortunately, it is very unfair to our dedicated team that is doing the best it can in offering the highest levels of care to the Aveo residents.”

According to the Ardent Leisure Group website, it is a specialist operator of leisure and entertainment assets across Australia, New Zealand and the United States.

The Group owns and operates Dreamworld, WhiteWater World, SkyPoint, SkyPoint Climb, d’Albora Marinas, Hypoxi Body Contouring, Goodlife health clubs, AMF and Kingpin bowling centres across Australia and New Zealand.
The Australian reported that the company was struggling to recover from a tragedy at the park last year in which four people died.

Theme park visits were down nearly 36% in May compared with the previous corresponding period, while revenues were down nearly A$4 million, said the report.

Lee’s chief lieutenant in Australia is former Ardent boss Greg Shaw, who led the company for 13 years before being dumped by the board in early 2015.

Shaw, according to the report, was replaced by former magazine editor Deborah Thomas, prompting a share market rout. He then joined Lee, to helm Mulpha’s Australian property and hotels arm.Last month, Dreamworks was rocked by the sudden exit of Thomas.The Australian report said with Shaw at his side, Lee was likely to agitate for significant changes at the group.

chinaman

3,302 posts

Posted by chinaman > 2017-07-05 12:27 | Report Abuse

Instead of become Ardent's white knight- why not become own saviour first? Charity starts at home ma...don't tell me Lee not aware that everyone is pissed off with its Mafia's performance...wa kaka

voon1900

714 posts

Posted by voon1900 > 2017-07-05 14:57 | Report Abuse

wah...jatuh teruk...siapa beli itu ...gudluck

chinaman

3,302 posts

Posted by chinaman > 2017-07-06 19:26 | Report Abuse

Mr Lee Seng Huang already have 48.72% stake, so far. will Mulpha MGO soon?

TheContrarian

9,497 posts

Posted by TheContrarian > 2017-07-06 20:07 | Report Abuse

No MGO for Mulpha. Next year another rights issue.

chinaman

3,302 posts

Posted by chinaman > 2017-07-07 09:35 | Report Abuse

TheContrarian is Lee, Mulpha boss himself who talk bad of own co. wakaka....

chinaman

3,302 posts

Posted by chinaman > 2017-07-07 09:51 | Report Abuse

your guys fallen into foxy Lee's trap...he purposely push down price to speed up MGO at peanut price...highly manipulated to downside

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